|Bid||84.62 x 1200|
|Ask||84.63 x 800|
|Day's Range||84.10 - 84.85|
|52 Week Range||73.13 - 109.98|
|PE Ratio (TTM)||28.27|
|Earnings Date||Aug 16, 2018|
|Forward Dividend & Yield||2.08 (2.47%)|
|1y Target Est||95.12|
Founded in 1902, powerhouse Target has stood the test of time. But with other major competitors such as Walmart and Amazon, how exactly does the company stack up now?
With more than 11,700 stores operating in 28 countries, shoppers might find it difficult to avoid Walmart. But how exactly has the global chain's net worth grown over the years?
Target (TGT), Walmart (WMT), and Costco (COST) have been adjusting their businesses to offer convenience and value as the threat of Amazon (AMZN) continues. During its fiscal first quarter, its digital sales rose 66%, while comps, excluding fuel, increased 1.4%. Walmart and Target have both significantly ramped up their e-commerce businesses trying to match the services of Amazon.
The Supreme Court ruling has been cheered by brick-and-mortar stores, which have been struggling to survive the e-commerce onslaught. This saw shares of traditional retailers jump immediately.
Brazil's antitrust watchdog Cade on Friday approved buyout firm Advent International's acquisition of Walmart Inc's Brazilian operations, and sought no additional asset sales. Earlier this month, Walmart ...
Shares of Kroger (KR) surged over 10% on Thursday to inch near their 52-week high after the company posted better-than-expected quarterly results. Investors were also likely pleased to see that the grocery chain's e-commerce initiatives started to pay off. The question is should investors think about buying grocery stocks as Amazon-based (AMZN) fears seem to have been overblown.
BJ’s private-equity owners will retain control of a company with margins that lag rivalsBJ’s Wholesale is focused on the New England area and has room to grow, says the company. BJ’s Wholesale Club, operator of 215 warehouse clubs across 16 states largely along the U.S.’s eastern seaboard, is planning an initial public offering, returning to the public markets after a seven-year spell as a private company. The company(BJ)is offering 37.5 million shares priced at $15 to $17 each, which would raise about $600 million at the midpoint of the range.
contain controversial provisions that could be used to withhold compensation to investors if the deal is delayed. The big box retailer sold $8.5bn bonds on Wednesday whose documents contain legal language used recently by other issuers to avoid paying such compensation, in defiance of investor requests that companies stop using the language. At issue are a pair of provisions that have been standard in bond documents for years but which have been used to save issuers cash in recent months and faced criticism as a result.
In a volatile year for the U.S. equity market, one factor has emerged as pivotal in determining whether a stock is likely to rise amid growing concerns over trade policy: how much the U.S. company focuses on the U.S.
The table below lists the major retail-tech partnerships and acquisitions we have seen in recent months, the large majority of which have been in the grocery space. This pattern reflects grocery retailers’ race to build out digital and fulfillment capabilities and, in some cases, preempt any challenges in the grocery category from Amazon.
Kroger (KR) is thriving in the age of Amazon. Shareholders should hang on for what is likely to prove a virtuous cycle from here, as healthy free cash flow is put toward stock buybacks and growth investments. Kroger is the country’s No. 2 play in groceries behind Walmart (WMT), and Amazon.com (AMZN) is looking to gain share following its purchase of Whole Foods, but has a comparatively small store base.
Adjusted earnings per share of 73 cents beat the consensus by 10 cents. The company said first-quarter earnings were driven by improvements in online retail, with online sales increasing 66 percent. Kroger KR shares soared Thursday on strong earnings, which were boosted by the company's online investments and delivery services.
Amazon’s (AMZN) Indian subsidiary is expanding its seller lending program, with the move coming only a few weeks after Walmart (WMT) revealed a plan to make a massive investment in India’s e-commerce industry. Walmart is buying a 70% equity stake in Flipkart for $16 billion, a transaction that could see it buy out current Flipkart investors such as eBay (EBAY). Flipkart is Amazon’s main rival in India’s e-commerce industry, so this is a big move by Walmart to improve its competition with Amazon.
Kroger (NYSE:KR) is great again. KR reported net earnings of $2.04 billion, $2.37-per-share, and revenues of $37.5 billion for the quarter ending in May, blowing past a “whisper number” of 65 cents per share, helped by a $1.8 billion profit on the sale of its convenience stores. Kroger gained over $2 billion of market cap overnight, to $23.1 billion, but the shares are still cheaper than the bargain bin at Dollar General (NYSE:DG).
Bossa Nova, which has robots in 50 Walmart stores across the U.S., also landed a partnership with Flex for capacity to produce hundreds more of its robots each month.
Bossa Nova, which makes robots that monitor inventory in retail and grocery stores, has raised $29 million in Series B-1 funding.
Walmart robotics partner Bossa Nova has raised $29 million in fresh venture funding to bring shelf-scanning robots to groceries everywhere.
Brick-and-mortar retailers secured a big win over online rivals on Thursday as the US Supreme Court overturned a ruling that had enabled many ecommerce retailers to avoid collecting sales tax from customers. In a case with profound implications for the consumer economy, the justices ruled by 5 to 4 that US states have the right to levy tax on online sales even if the retailer does not have a store or warehouse in their territory. A perceived tax break for ecommerce has become the most contentious political issue in US retail, with brick-and-mortar stores blaming it for their wilting sales while online stores counter that their success is about convenience not tax.
Microsoft (MSFT) and Alphabet’s (GOOGL) Google have come up with technologies and services that could help traditional retailers give Amazon (AMZN) a run for its money defending its e-commerce dominance. Google’s Express and Shopping Actions programs are aimed at helping retailers boost their online sales. Walmart (WMT) and Target (TGT) are among the traditional retailers that have adopted Google’s e-commerce services to try to expand their online presences.
Disney responded by immediately canceling the show and distancing itself from Barr’s hateful outburst, but investors worried that the loss of advertising from the canceled show would hurt advertising income. Since then, the market has come to its senses and DIS stock is back to trading above $105 per share — but don’t worry if you missed the dip, because Disney is stuck in a larger rut that has kept the share price from making it back to 2015 highs of $120 per share. There are a few reasons to buy Disney stock if you’re building a portfolio in your 30’s. The first is that the company is ripe for a major comeback.
Walmart Inc. stepped into the debate over the U.S. detention of migrant children by criticizing the practice as “disturbing” in a tweet.
Moody's Investors Service assigned Aa2 ratings to Walmart Inc.'s ("Walmart") new multi-tranche senior unsecured debt issuance. Other ratings are unaffected, as is the stable outlook. "Proceeds from this new debt issuance will be largely utilized to fund Walmart's approximately $16 billion investment in Indian online retailer Flipkart, with any excess proceeds utilized to manage future maturities and potential tenders," stated Moody's Vice President Charlie O'Shea.